India’s electric vehicle (EV) sales have been on a steady rise in 2023, with a total of 14,60,846 EVs sold in the 12-month period from November 2022 to October 2023. This represents a growth of over 250% from the previous year.

The growth in EV sales has been driven by a number of factors, including:

• Government incentives, such as subsidies and tax breaks for EV buyers
• Increasing awareness of the environmental benefits of EVs
• Growing availability of EV charging infrastructure
• Rising fuel prices

The two-wheeler segment has been the major driver of EV sales in India, accounting for over 50% of all EV sales in the country. The three-wheeler segment has also seen significant growth, accounting for over 30% of EV sales. The four-wheeler segment is still relatively small but is growing rapidly.

Here is a breakdown of EV sales by category in India in September 2023:

• Electric two-wheelers (E2W): 63,746 units
• Electric three-wheelers (E3W) passengers: 46,686 units
• Electric three-wheelers (E3W) cargo: 5,097 units
• Electric four-wheelers (E4W): 6,047 units
• Electric buses (E Bus): 254 units

Source: EVReporter

The top-selling EV models in India in September 2023 were:

• Okinawa Praise Pro
• Hero Electric Optima
• Ather 450X
• Bajaj Chetak
• Ola S1 Pro

The Indian government is targeting to have 30% of all new vehicle sales to be electric by 2030. To achieve this goal, the government is investing heavily in EV infrastructure and incentives. The government is also working to promote the adoption of EVs by public and commercial fleets.

Overall, the EV market in India is growing rapidly and is expected to continue to do so in the coming years.